Nearly 50 ICE detainees have died since President Trump returned to office last year and began pushing for mass deportations. Many of the deaths appear to have been preventable, a CNN investigation found. https://cnn.it/4tHqvey

Nonstop corruption.

Victory! ✌️ It’s over now right?

The Phillips Curve lives on! (Literally, at least)

I don’t like talking about meetings about meetings. Especially on this subject.

$50bn down the toilet and sky high gas prices is a small price to pay to learn that Iran has leverage. Good discovery team 🇺🇸

THERE IT IS: Another Truth Social-style court filing by Justice Dept Arguing for Trump Ballroom, feds claim plaintiffs have "Trump Derangement Syndrome" They say ballroom needs "state-of-the-art hospital & medical facilities, Top Secret military installations, bomb shelters"

He means the US doesn’t need TWO wars 9,500 miles away

The President is telling the IRS to give him $10 billion rn

Disinflation is one of those words you say when you want to take credit for absolutely nothing.

Dude really believes he is the junkie version of Hank Rearden

"there were no moral panics about the internet in the 90s" are we sure about that. are we absolutely positive

Breaking news: The DHS is moving forward with its plan to convert warehouses around the country into immigration detention centers, despite mounting legal challenges and a government watchdog probe into the agency’s purchases of the buildings.

While chatting with some friends, it occurred to me that other people could benefit from a summary understanding of what's going on in the oil and gas markets. Here are some little pictures to give you the big picture. 🧵

🙌

A common argument is that Americans have so much debt that deflation would be awful for households. The opposite is true: if Americans household had as much debt as people think, then they probably wouldn’t be so grumpy about inflation

It's as if this article exists for no other purpose than to motivate an unmotivated right. "The libs are even coming after our muskets!" Com'on

when people ask me how I think AI is going to go I always start with "well, it's the most powerful surveillance technology ever invented..."

What exactly is he comparing here? And why?

🎯

Great example of where targeting GDP growth in isolation, at least in the short term, leads to bad outcomes.

We’re past the point where we haven’t done deflation for so long in the US that everyone just assumes it must be bad. Even as voters tell us it’s EXACTLY what they want. How long do we keep this going?

Globalization is the leader of China explaining game theory to the President of the US by referencing an ancient Greek historian.

So true. The benefit of a tax change is usually captured by the side of the market that is more flexible. When it comes to gas, US consumers will mostly buy until they literally can’t.

Chat is this good?

Not mincing my words here, but if reports are accurate that a) Ukraine again wiped out NATO-troops during a training exercise and b) Ukraine has already established some fire control over the Crimea-Donbas axis then we are really witnessing the breakthrough of the next military revolution.

Really good stuff here. Super clear storytelling and highly relevant to China today.

3/4 But that's not true. The liabilities have to be serviced, and if they cannot be serviced from income from the assets, then they must be serviced through direct or indirect transfers. For a while the transfers can remain within the banking system and show up as rising debt.

The most important highway in the war is now under Ukrainian fire control. This is very bad for the Russian war machine. @jayinkyiv.bsky.social #Ukraine

President Obama: “We pulled it off without firing a missile. We got 97% of their enriched uranium out. There’s no dispute that it worked and we didn’t have to kill a whole bunch of people or shut down the Strait of Hormuz.”

ah, a fundraiser

Every week there's news of these massive cuts, re: Ai Every week there's an article from a major outlet saying that Ai job cuts aren't happening so far.

Hard to argue here

As the U.S. starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help www.ctvnews.ca/world/articl...

The USA has blocked 5 players from Iraq's team from coming to the World Cup. Including one who plays in the English Football League. Boycott the World Cup.

White House cuts $1.3 billion in Medicaid payments to California

LET THIS SINK IN—the U.S. now has no confirmed CDC director, no FDA commissioner, no Surgeon General, an NIH director with no medical license, and the last Acting CDC Director was a George Bush speechwriter. In fact—the only doctor/scientist we have in the White House is… Dr Oz.

Let this radicalize you

In case this wasn’t already completely obvious in every possible way. www.washingtonpost.com/politics/202...

“Trumpflation. U.S. inflation jumps to 3.8% as energy costs surge from Iran war” — Political artwork by and opinion of Michael de Adder.

Social media is where your intrusive thoughts go. It does not have to be praxis. You needn't optimize your dicking around.

This moment has symbolic value. In the aggregate, the # of new $ received by workers is insufficient to cover the deterioration of the $’s value. But the deterioration of the $ is/was a problem regardless. The fact that this wasn’t true before doesn’t mean that inflation was good for workers

All the emerging young economists that I’m following on social media are keen to undo this chart. If you work for a living your share of GDP is lower than it ever was. If you are the holder of capital your share of GDP is higher than ever.

“Nothing is going to happen until you can get the masses to stop thinking of the bureaucrats as the enemy, and start thinking of the bosses as the enemy.”

What you write in an “editor’s note” at the end of a story when you are definitely a credible news outlet running reporting by a legitimate journalist

1/2 I knew Beijing was losing population, but I hadn't realized the demographics driving it. According to SCMP, "The percentage of Beijing’s population aged between 20 and 29 plunged from 21.3 per cent in 2015 to 11.4 per cent in 2024." www.scmp.com/economy/chin...

Incredible timing.

More validation of our theory of MAGA as an "end-stage cult," provided by the ailing despot himself:

fwiw when i say "the vibecession is real and measurable" literally all i mean is that "economic sentiment decoupled itself from macroeconomic indicators that had previously predicted it quite well" that's it, that's all "vibecession" means

In OBP, why do batters get credit for HBP but not ROE? Both seem the result of an opponent mistake. Arguably, ROE is more strongly correlated with batter attributes - contact quality and speed.